An event so heinously appealing it captivates all spectators despite the horrible and often graphic nature of it. This term is most commonly used in reference to butchering a date or 1st time sex.

Vinny: “We’re bringing Kristopher to the movies with us Friday to see Cloverfield”
Brian: “The new kid with the alligator skin shoes, a lisp, and a 1970’s haircut?”
Vinny: “Yeah”
Brian: “Wow I can’t wait to watch this Glorious Disaster unfold”